China's pork prices rose 3.4% last week
2011-07-06 12:09:21
Pork prices rose 3.4 percent week-on-week in the previous week ended July 3 compared to an increase of 4.5 percent the week before, according to the Ministry of Commerce (MOC) Tuesday.
CCB shareholders seek $1.2b sale
2011-07-06 11:48:18
Two shareholders in China Construction Bank (CCB) are seeking to raise up to $1.22 billion by selling down stakes, IFR reported on Tuesday, citing a term sheet.
China's Dalian port expands to take Valemaxes
2011-07-06 11:35:09
China Transport Construction Group has completed work to expand Dalian's port capacity, making it possible for ships as big as Brazilian miner Vale's giant bulk carriers to access a key port in top iron ore importer, China.
Nokia lowers smartphone prices
2011-07-06 11:33:36
Nokia Corp lowered the price of all its smartphones to save its decreasing market share, Sina.com reported on Tuesday.
China to sell 30b yuan e-savings bonds
2011-07-06 11:30:26
The Ministry of Finance (MOF) said Tuesday that it will start selling three batches of electronic savings bonds worth up to 30 billion yuan (about $4.64) on Sunday.
Rural home appliance sales up 83.7% in H1
2011-07-06 11:25:22
Sales of home appliances in rural China jumped 83.7 percent year on year in the first half of 2011, to 124.58 billion yuan ($19.28 billion), driven by a government subsidy,the Ministry of Commerce (MOC) said Tuesday.
Chinese equities lifted by Wen's CPI comment
2011-07-06 11:23:57
Stocks on the Chinese mainland rose to a six-week high after Premier Wen Jiabao said inflation will be controlled and service industries expanded at the second-fastest pace.
Passenger vehicle sales help GM reverse slump
2011-07-06 11:21:24
General Motors Co, the biggest overseas automaker in China, said its June sales rose in the country, reversing a two-month decline, as customers bought more Buick and Chevrolet passenger cars.
Rapid service sector gains persist
2011-07-06 11:19:12
China's service industries expanded at the second-fastest pace this year as new orders and employment climbed, supporting growth amid the Chinese government's campaign to cool inflation.
Temasek in $3.7b sale in 2 Chinese banks
2011-07-06 11:08:58
Singapore state investor Temasek Holdings launched a $3.7 billion sale in two Chinese state-owned banks late on Tuesday, according to a term sheet seen by IFR, in a move aimed at trimming its exposure to financial sector.
Longchamp to expand in China
2011-07-06 11:11:04
The French luxury brand Longchamp SAS will accelerate its expansion in China to make the country one of its top-three markets in three years, the company's chief executive officer said.
Estee Lauder follows rivals to increase prices
2011-07-06 11:04:51
US-based cosmetics maker Estee Lauder Cos Inc raised the price of its brands by an average of 8 to 10 percent on July 1, a move that follows price increases by its competitors, analysts say, and that will not significantly affect its market share.